Should couples buy a franchise together?

Date

Jun 06, 2017

For some people buying a franchise together would not appeal
because they enjoy having the separation between work and home life
and the benefits of having different things to talk about.

Yet couples can and do make excellent franchisees and business
partners. Working together can prove to be fulfilling and even
bring some people closer together, particularly when they are both
working towards a common objective. Having shared aims and
objectives brings a sense of purpose and reinforces the
satisfaction gleaned from working towards a shared goal.

As with all business relationships there may be a few ups and
downs but in general couples working together already have an
element of trust and mutual co-operation which is not always the
case in un-related business partners.

Any two people working together bring twice as much skill and
experience to the table, particularly if they have had different
career paths. One partner may be much stronger at networking and
bringing in new business while the other likes being the anchor in
the office, keeping everything working behind the scenes.

Also it is worth remembering that working together would not
necessarily require the couple to work side by side in the same
room for eight hours every day. Different abilities and skill sets
would enable them to pursue particular roles in the business where
they could play to their strengths.

Some couples may hesitate to consider a business together for
fear their family life would suffer. However, plenty of couples do
manage to hold family life in balance alongside building a
successful business. It requires couples to be clear from the
outset how they plan to do this so that neither aspect of their
life is compromised.

Certainly couples can and do work successfully together to build
their franchise and in some cases manage the challenges of a
demanding business regime and the joy of raising a family.

The key ingredient here is having the can-do attitude, ambition
and vision to see a great future in whichever franchise they
choose.

There is nothing quite like being your own boss and having
control over your career, your future and your finances. Plus, when
it comes to thinking ahead for your children’s future, a successful
business is a great gift to pass on and that has got to be another
tick in the box.

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